Climate-focused venture capital firm Wollemi Capital has committed to investing more than $100 million to expand renewables developer MPower’s pipeline of mid-scale solar and battery energy storage projects after finalising its acquisition of the company.
Western Australian graphene supplier First Graphene has reported the addition of its functionalised graphene product to perovskite solar cells has increased efficiency almost two-fold and reduced production costs by up to 80%.
Victoria has added a 100 MW battery energy storage system to its growing portfolio of grid-scale storage, marking the first deployment globally of the full Fluence, product ecosystem, with its OS7 operating system.
New South Wales is targeting a 4 GW jump to 16 GW of new generation by 2030, and aims to kick start investor incentives with a 7,000 GWh tender in early 2026 through its long-term energy service agreement 10-year tender plan.
Climate Council analysis has found Australias export industries are sitting on a $190 billion windfall as key trade partners, such as China, ramp up their energy transition despite US administration efforts to stall progress.
The proposed Mainus Link undersea high-voltage interconnector between Tasmania and Victoria is advancing towards construction with financing now locked in and suppliers issued with “notice to proceed” on key components.
Construction of one of New Zealand’s biggest solar farms has been given the green light with joint venture partners Meridian Energy and Nova Energy announcing they have reached final investment decision on the initial 200 MW stage of the planned 400 MW project.
Portugal-headquartered TagEnergy has acquired German-owned early-stage developer ACE Power, adding approximately 6 GW of battery, wind and solar projects to its already significant portfolio in Australia’s clean energy sector.
Transgrid has completed a three year build of the largest substation in the Southern Hemisphere, rubber-stamping grid reliability and the sharing of renewable energy across three states linked by its Project EnergyConnect.
Venture capital outfit Pacific Channel has launched a new renewable energy development fund to accelerate the development of more than 10 GW of large-scale solar, wind and battery energy storage projects across New Zealand.
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